By Admin 
Eighth pay commission: The Central Employees and Pensioners Eighth Pay Commission across the country are eagerly awaited. Those who are expecting their salary-pension to increase. The recent Ambit Capital report has stressed the speculation that the salary of government employees may increase by about 30 to 34 percent. According to the eighth pay commission applied accordingly, it can be implemented in 2026 or FY 2027. After this, the government will have an additional burden of about Rs 1.8 lakh crore.
Pay Commission every 10 years
Pay Commission is formed by the Central Government at an interval of every ten years. In this, the current salary structure of central employees and pensioners, including the soldiers engaged in defense, is amended on the basis of inflation and other economic aspects. Experts are hoping that in the recommendation on behalf of the Pay Commission, it will be recommended to increase the DA according to inflation along with the basic pay of the central employees. Along with this, pension will also be revised according to the new salary structure.
A fitment factor is installed for the salary revision of government employees. If the report of Ambit Capital is to be believed, then a fitment range of 1.83 to 2.46 can be implemented on it. If this happens, the minimum salary will increase from Rs 32,940 to Rs 44,280. The fitment factor is that, according to the new Pay Commission, it is multiply multiply with the existing basic pay for new salary structure.
How much salary will increase?
If a fitment is applied in this way, 2.46 is implemented, then in this case, if someone’s salary is 50 thousand rupees, then his salary will increase to Rs 1.23 lakh. But if the fitment factor is 1.83, then its salary will increase to Rs 91,500.
It is believed that with the implementation of the Eighth Pay Commission, not only the government employees but also for the Indian economy are going to be very beneficial. The reason for this is that when the salary of the people increases, they will spend on consumption and it will get the speed of growth.
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